Lay-Out Planning Consultans Co (SZSE:300989) ROCE % : 1.42% (As of Mar. 2024)

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What is Lay-Out Planning Consultans Co ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Lay-Out Planning Consultans Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 1.42%.

Lay-Out Planning Consultans Co ROCE % Historical Data

The historical data trend for Lay-Out Planning Consultans Co's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Lay-Out Planning Consultans Co ROCE % Chart

Lay-Out Planning Consultans Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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79.42

67.69

19.64

3.31

4.60

Lay-Out Planning Consultans Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															1.25	4.94	3.05	9.27	1.42

Lay-Out Planning Consultans Co ROCE % Calculation

Lay-Out Planning Consultans Co's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	48.798	/	( ( (1182.059 - 169.781)	+	(1309.282 - 200.391) )	/ 2 )
	=	48.798	/	( (1012.278	+	1108.891)	/ 2 )
	=	48.798	/	1060.5845
	=	4.60 %

Lay-Out Planning Consultans Co's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	15.7	/	( ( (1309.282 - 200.391)	+	(1227.707 - 121.306) )	/ 2 )
	=	15.7	/	( ( 1108.891	+	1106.401 )	/ 2 )
	=	15.7	/	1107.646
	=	1.42 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Lay-Out Planning Consultans Co (SZSE:300989) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Lay-Out Planning Consultans Co ROCE % Related Terms

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Lay-Out Planning Consultans Co (SZSE:300989) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Lay-Out Planning Consultans Co Ltd (SZSE:300989) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Lianhua Street, Room 406, Block A, Jingtian Comprehensive Market, Jinghua Community, Futian District, Guangdong, Shenzhen, CHN, 518036

Website

http://www.lay-out.com.cn

Shenzhen Leo Planning & Design Consulting Co Ltd is a national planning and design consulting agency. It is dedicated towards providing accurate, effective and operational construction planning solutions with its main business of planning design and engineering design.

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